The bill amends Section 9 of Chapter 105 of the 1990 Public Laws, which pertains to the Kingston Water District. The primary change is the increase in the maximum amount the district is authorized to borrow, raising the limit from four million dollars ($4,000,000) to fifteen million dollars ($15,000,000). This adjustment allows the district to issue notes and/or bonds for the increased amount.

The bill also specifies that any bonds issued must be approved by the qualified electors of the district during regular or special meetings where the intention to issue bonds is announced. Additionally, the district is required to annually appropriate funds to cover interest and principal payments on any outstanding bonds. The act is set to take effect immediately upon passage.